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Increasing Congestion of Cities to Accelerate the Global Micro Mobility Market Growth

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Increasing Congestion of Cities to Accelerate the Global Micro Mobility Market Growth

February 25
18:04 2021
Increasing Congestion of Cities to Accelerate the Global Micro Mobility Market Growth

Micro Mobility Market
According to a new market research report launched by Inkwood Research, the Global Micro Mobility Market is anticipated to generate a revenue of $13266.38 million by 2026, growing at a CAGR of 12.09% during the forecast period of 2021 to 2026.

According to a new market research report launched by Inkwood Research, the Global Micro Mobility Market is anticipated to generate a revenue of $13266.38 million by 2026, growing at a CAGR of 12.09% during the forecast period of 2021 to 2026.

Browse 13 market data Tables and 15 Figures spread over 90+ Pages, along with in-depth analysis on Global Micro Mobility Market by Requirement, Application, Location & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Micro Mobility Market Scenario

Micro mobility includes vehicles, such as bikes, bicycles, scooters, and autonomous shuttles, ideal for a distance of below 5 kilometers. It also depicts tremendous promise for the severe problem of congestion in cities.

The market’s key drivers include, declining battery prices, shortage of parking spaces, travel cost savings, and congestion of cities. Traffic or congestion is among the leading financial growth deterrents, across cities. The phenomenon slows down the economy, and significantly impacts people, psychologically. Moreover, car traffic is considerably worsening in the United States, and other developing nations, such as China and India, in addition to several other cities, worldwide. Since micro mobility vehicles take up lesser space and have a low environmental impact, its market is witnessing demand due to the growing need to resolve traffic congestion problems in cities.

However, the market’s chief restraining factors entail the inadequacy of infrastructure and unsuitability during certain weather conditions. Besides, these vehicles also need paved roads, electric charging stations, pedestrian sidewalks, bike lanes, accurate lane markings, and strong internet connectivity.

The Global Micro Mobility Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Micro Mobility Market by Requirement, Application, Location & by Geography: https://www.inkwoodresearch.com/reports/micro-mobility-market/#request-free-sample

Market Segmentation

Market by Application

  • Private
  • Commercial

Market by Location

  • Roads
  • Tracks (Shared Paths)
  • Footpath

Market by Requirement

  • Under 2 Miles
  • 2 -5 Miles

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2026, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2026

 

Companies Profiled

  • EASYMILE SAS
  • SPIN SCOOTERS
  • ANI TECHNOLOGIES (OLA)
  • FLOATILITY GMBH
  • LIMEBIKE
  • SEGWAY
  • BIRD RIDES INC
  • SKIP TRANSPORT INC
  • SCOOT NETWORKS
  • ZAGSTER INC
  • SWIFTMILE
  • MICRO MOBILITY SYSTEMS AG
  • OFO
  • RYDIES GMBH

 

Related Reports

GLOBAL E-BIKE MARKET – Global e-bike market is estimated to grow with a CAGR of 9.16%.

GLOBAL AUTONOMOUS LAST MILE DELIVERY MARKET  – Global autonomous last mile delivery market is expected to grow with a CAGR of 18.51% between 2021 to 2026.

GLOBAL ELECTRIC VEHICLE MARKET  – Global electrical vehicle market is projected to record a CAGR of 22.18%. 

Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: +1 857-302-4704
Country: United States
Website: https://www.inkwoodresearch.com/

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